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LFM

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12/06/21

13:55

Post #: 53811495
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Originally posted by thatsthatmate: ↑

On your other note @LFM ; this was from the original SPP Harvester documentation re: # of SPPs a year so yes most likely we revert to the average or close to for now. If you bumble through the thread we have tried many different things as a collective and as @Tarvold mentioned IG turns out to be the best method (it was even better when I first started buying there as they allowed a 90$ minimum trade ;-) but it's all relative. Superhero as mentioned does not provide the Corporate Action facilities. I like the IB self service tool (which we are not allowed to use via SPP Harvester) as it allows you to apply up until the deadline as the only downside with IG is they pad a few extra days on the application deadline and also if something closes early you often only have 24 hours to get in and thus rely on the email response you send to IG (they do it all by email but nonetheless as @Tarvold mentioned they have been very good at this process).

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On Superhero’s site it says you are able to participate in SPP’s. How they manage this process however I do not know. Reading through this thread IG’s process looks quite professional (apart from the red font haha).

https://support.superhero.com.au/corporate-actions/can-i-participate-in-a-share-purchase-plan-spp/

I know that Easy Equities for like $1 minimum trade size does not currently support corporate actions. I suppose it may be a bit more difficult with fractional shares.

Last edited by LFM: 12/06/21
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